|
|
 |
Yamaha Announces Results of Acquisition of Own Shares through ToSTNeT-3 Off-Hours Trading System
|
|
| Yamaha Corporation (Yamaha, the Company) announces that today it conducted an acquisition of its own shares, as announced yesterday (May 14, 2008), as follows. |
|
 |
 |
|
|
| 1. |
Reason for the Acquisition |
| |
To enhance the return to shareholders of Yamaha shares following the sale in May 2007 of a portion of Yamaha’s shares held in Yamaha Motor Co., Ltd. |
| |
|
|
|
| 2. |
Class of Shares Acquired |
: |
Yamaha’s common shares |
| |
|
|
|
| 3. |
Total Number of Shares Acquired |
: |
4,603,200 shares |
| |
|
|
|
| 4. |
Acquisition Price |
: |
¥1,941 per share (Total amount for shares acquired: ¥8,934,811,200) |
| |
|
|
|
| 5. |
Date of Acquisition |
: |
May 15, 2008 (Thursday) |
| |
|
|
|
| 6. |
Method of Acquisition |
: |
Through the off-hours trading system of the Tokyo Stock Exchange for own share acquisitions |
|
|
|
|
|
|
|
|
|
|
|
| Supplementary Information: |
| |
Content of the Board of Directors’ decisions regarding the acquisition of the Company’s own shares (Announced on April 30, 2008) |
| ● |
Class of shares to be acquired |
: |
Yamaha’s common shares |
| ● |
Total number of shares to be acquired |
: |
10 million (upper limit) |
| ● |
Total amount of shares to be acquired |
: |
¥18.0 billion (upper limit) |
| ● |
Progress toward acquisition as of May 15, 2008: |
| |
| > |
Number of shares acquired |
: |
4,603,200 shares |
| > |
Amount paid for shares acquired |
: |
¥8,934,811,200 |
|
|
|
|
|
|
|
|
|
 |
For further information, please contact
Yamaha Corporation
Public Relations Division, Public Relations Group
TEL. +81-3-5488-6601
FAX. +81-3-5488-5060
|
|
|
|
|
|
|
